Economics Review

The more scarce in item is, the -

Which economic activity is an example of manufacturing?

Which demographic term determines a country's standard of living?

A country that is economically developed -

Countries depending on each other for goods and services is called -

Which demographic term determines the quality of a country's education system?

Which economic activity is an example of agriculture?

When there is a shortage of oil in the USA, which factor of production is in short supply?

When the supply of an item goes down, the price goes -

Which is an example of a free enterprise economy?

The person with the knowledge and skills to open a business is an example of which factor of production?

Managers, cooks and waiters are all examples of which factor of production?

Which demographic term can determine the quality of a country's healthcare system?

Buying bananas and wheat flour to run a bakery is an example of which factor of production?

When the supply of oil exported to the USA becomes scarce, the price -

Which is an example of a communist or command economy?

Which economic system encourages competition and produces products based on consumer wants and needs?

Buying lawn mowers, a truck and trash bags to begin a lawn service is which factor of production?

The USA depends on China for manufactured goods and China depends on the USA to purchase their goods. This is -

Which demographic term determines how crowded a country is?

An increase in supply of an item causes the price to -

___ has increased globalization

Which economic activity is an example of a service?

Which economic system has a government which controls production and resources?